Profire Energy Signs Distribution Agreement with Australian Company

Press Release

February 25, 2014

Lindon — Profire Energy, Inc. has signed a distribution agreement with an Australian distributor, Prior Industries Australia PTY LTD, a process engineering company specializing in industrial combustion. The agreement allows for Prior’s distribution of Profire’s products to its distribution contacts in Australia.
“Our agreement with Prior represents our third distributor with international reach, and we look forward to seeing what they will do with our products in this new market,” said Cameron Tidball, vice president of global sales at Profire. “They have extensive oil and gas connections that we believe could be valuable to the company, and we look forward to working with them as we extend our international reach to Australia.”
According to the U.S. Energy Information Administration, the gas production in Australia has risen from 1,159 billion cubic feet per year in 2000, to 1,900 billion cubic feet per year in 2012—an increase of over 60 percent—with continued growth expected in the coming years. In the past decade, the country has become a leading gas exporter in the Asia-Pacific region.